Like most people, you probably have a fairly good idea of what a Last Will and Testament is and the purpose it serves within an estate plan. You may also have heard of a “Living Will,” but you may not be certain what a Living Will does nor whether you should have one. Knowing the difference between a Will and a Living Will is crucial to deciding if you need either, or both, in your Illinois estate plan. Do I Need a Will, a Living Will, or Both? Although the terms are frequently used interchangeably, they do not refer to [Read more…]
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